Europe
German town threatens legal action over fast-track LNG
A German resort town said it will take legal action against the federal government's plans to build liquefied natural gas terminals off the Baltic Sea coast after the parliament passed a reform to speed up the process.
Europe’s gas storage is filling too fast
Europe’s gas storage is filling more slowly after prices fell sharply in the first half of the year, but a further slowdown will be needed to prevent space running out before the start of winter 2023/24.
Svanehøj and Engie team up to enhance offshore LNG safety on FSRUs
LNG storage involves managing significant safety risks, but data on the behavior of LNG in Floating Storage and Regasification Units is lacking. Now, tank control system specialists from Svanehøj and energy researchers at Engie Lab Crigen have joined forces to develop more effective safety measures.
Italian court further delays decision on Tuscan LNG terminal
An Italian administrative court has postponed until Dec. 20 a decision on whether a liquefied natural gas terminal in the Tuscan port of Piombino meets all safety requirements, the city's mayor said.
India in talks to supply green hydrogen to EU and Singapore
India has discussed a possible deal to supply more than 11 million mtpa of green hydrogen to the European Union and Singapore, who in turn would invest in these Indian clean energy projects, three government officials and one industry source said.
Weak gas prices worsen outlook for Gazprom's revenues from sales to Europe
Weak gas prices have lowered expectations for Gazprom's revenues, which the Kremlin-controlled energy giant generates from sales to Europe, according to analysts and Reuters calculations.
Greek gas grid says 27 companies interested in booking future capacity
Greece has received interest from 27 U.S. and European companies in booking future capacity at its gas grid, which would allow them to import and export gas to Europe via the country in the coming decades, says grid operator DESFA.
Centrica boosts UK gas storage for next winter, warns against complacency
British energy firm Centrica said it had increased storage capacity at the UK's largest gas storage facility to 54 bcf to help boost resilience next winter, warning gas markets remain volatile.
Russian piped gas exports to Europe up 3.6% m/m in June
Pipeline natural gas exports to Europe by Russia's Gazprom in June rose by 3.6% from May despite repair work on the TurkStream pipeline, according to calculations based on volumes supplied via Ukraine and TurkStream.
ADNOC awards Petrofac $700-mm EPC Project
Petrofac has been selected by the Abu Dhabi National Oil Company subsidiary, ADNOC Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.
TechnipFMC awarded significant iEPCI for OMV’s Berling gas development
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract by OMV AS for its Berling gas development project.
Norway approves more than $18 B in oil, gas investments
Norway's government said it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.
Spain raises bet on green hydrogen, biogas in draft plan
Spain will double its 2030 biogas production target and almost triple its green hydrogen goal as part of a broad upgrade of its energy and climate ambitions, a draft of the government's strategy showed.
Italy energy minister sees LNG terminals covering 50% of gas needs
Italy's Environment and Energy Minister Gilberto Pichetto Fratin said that deliveries by ship of liquefied natural gas were a reliable source of energy that could cover 50% of the country's gas needs.
Germany, South Africa agree to cooperate on green hydrogen projects
Germany and South Africa y agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa's huge renewable resource potential to meet 2050 net zero targets.
Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal
Petronas said it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd., to collaborate on a carbon capture and storage project in Malaysia.
Copenhagen Infrastructure Partners and Wega form strategic partnership in Finland
Copenhagen Infrastructure Partners through its CI Advanced Bioenergy Fund I announced that it has signed an agreement with Wega Group OY to establish an advanced bioenergy platform in Finland
INEOS Energy charters two LNG carriers to create virtual LNG pipeline from the U.S. to Europe
INEOS Energy Trading has today signed agreements with Mitsui O.S.K. Lines for two new build LNG carriers, to be used for the import of LNG into Germany from the United States.
Yara postpones clean ammonia IPO after weak valuation
Norway's Yara has postponed a planned initial public offering of its Yara Clean Ammonia business by one or two years due to an unsatisfactory market valuation, the fertilizer maker said in a strategy update.
Wood and Centrica Storage explore low-carbon hydrogen production hub
Wood is working with Centrica Storage to evaluate the feasibility of transforming its Easington gas processing terminal to a low-carbon production hub.
Shell resumes maintenance at key Norway gas terminal
Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement.
Netherlands to end Groningen gas production by Oct 1
Gas production at the Netherlands' Groningen field will end by Oct. 1, the government said, as it kept its promise to rapidly cease already minimal extraction to limit seismic risks in the region.
Eni sees synergies of up to $1 B from Neptune acquisition
Italian energy group Eni said that synergies from the $4.9-B acquisition of private-equity backed Neptune Energy could reach $1 B as the two groups integrate their operations across key geographies.
Netherlands increases subsidies for green hydrogen production
The Dutch government said it will increase subsidies for the production of hydrogen from renewable sources of energy, known as 'green hydrogen', by €1 B next year and another €3.9 B in the years after.
Venture Global LNG signs 20-year contract with German energy firm
U.S. liquefied natural gas developer Venture Global LNG said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 mpta of LNG.
Portugal's grid ready to transport 10% hydrogen this year
Portugal's REN has started adapting its high-pressure natural gas grid to allow it to carry an up to 10% share of green hydrogen as early this year, the company said.
Germany builds up LNG import terminals
Deutsche ReGas has sub-chartered a second floating storage and reception unit for liquefied natural gas for the Mukran terminal project in the Baltic Sea, with its LNG to flow to onshore grids via the nearby port of Lubmin from next winter.
Russia gas flows through Ukraine could stop next year
Russia could shut off one of the last arteries carrying Russian gas to Europe by the end of next year when Ukraine's supply contract with Gazprom expires citing an interview with Ukraine energy minister German Galushchenko.
Engie bets on Korean demand with $7-B Oman green ammonia project
French energy company Engie was awarded a land parcel in Oman, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.
OMV Petrom greenlights Neptun Deep Black Sea gas project
Romania's OMV Petrom will develop the long-awaited Neptun Deep Black Sea gas project and expects first output by 2027, it said on Wednesday as it announced its final investment decision.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
